Multiple Choice
Because the articles of incorporation embody the basic contract between a corporation and its shareholders,shareholders must approve most changes in the articles.Which of the following is an example of "such changes" in the article?
A) Place of shareholder meeting
B) Increase in the number of authorized shares
C) Amount of annual dividend
D) Date of shareholder meeting
Correct Answer:
Verified
Correct Answer:
Verified
Q47: To retain its status as a corporation
Q48: According to the Model Nonprofit Corporation Act
Q49: There is no limit on the number
Q50: Promoters are personally liable on a preincorporation
Q51: According to the MBCA,who amongst the following
Q53: Which of the following is not a
Q54: A _ exists when the incorporators fail
Q55: _ shares are shares that have been
Q56: A party who makes a preincorporation contract
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